Sentences with phrase «contribution pension plans similar»

Fitzpatrick said one way to reduce pension costs — and thus, school taxes — would be to establish defined - contribution pension plans similar to the 401 (k) for newly hired teachers.

Not exact matches

Japan's government loosened laws on pensions in May, allowing almost all working - age Japanese to join private defined - contribution retirement plans — similar to individual retirement accounts (IRAs) in the United States that allow workers to make regular contributions to an investment fund with tax breaks.

-- A new pension tier based on a defined contribution similar to a 401K plan.

The state's new retirement plan consists of a less - generous defined - benefit component than the one found in the old pension system, as well as a defined - contribution component similar to the 401 (k) plans found in the private sector.

If you have a defined contribution pension or a similar arrangement known as a group RRSP, there shouldn't be any problem taking your money out if you're unsatisfied with the invesment choices in your former employer's plan.

The pension funding provision doesn't affect 401k plans or similar defined contribution plans, where your benefit is determined by your account balance.

Many companies offer a defined contribution (DC) pension plan, which is similar to an RRSP, although it's less flexible.

Investment Returns: Defined Benefit Vs. Defined Contribution Plans The Boston College Center for Retirement Research compares the investment performance of pension plans and 401 (k)- type defined contribution plans, finding that higher fees are the main reason 401 (k) and similar plans tend to underperform their defined - benefit cContribution Plans The Boston College Center for Retirement Research compares the investment performance of pension plans and 401 (k)- type defined contribution plans, finding that higher fees are the main reason 401 (k) and similar plans tend to underperform their defined - benefit counterpPlans The Boston College Center for Retirement Research compares the investment performance of pension plans and 401 (k)- type defined contribution plans, finding that higher fees are the main reason 401 (k) and similar plans tend to underperform their defined - benefit counterpplans and 401 (k)- type defined contribution plans, finding that higher fees are the main reason 401 (k) and similar plans tend to underperform their defined - benefit ccontribution plans, finding that higher fees are the main reason 401 (k) and similar plans tend to underperform their defined - benefit counterpplans, finding that higher fees are the main reason 401 (k) and similar plans tend to underperform their defined - benefit counterpplans tend to underperform their defined - benefit counterparts.

Section 26.1 of the Canada Pension Plan has similar provisions with respect to CPP contributions.